According to recent disclosures, tuition fees at the Mission Beauty Institute did not change for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $5,250 in tuition for both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the school consists of Texas residents.
Data indicates that 65% of full-time undergraduates who began their studies at the Mission Beauty Institute in 2022-23 received some form of financial aid. Specifically, five students were awarded grants or scholarships totaling $24,469, while five others obtained student loans exceeding $30,924.
Across all undergraduate students, 43 individuals received grants or scholarships amounting to $266,613. Additionally, 12 students borrowed a total of $80,248 in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the Mission Beauty Institute in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 5 | 22% | $24,469 | $4,894 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 5 | 22% | $24,469 | $4,894 |
| Federal student loans | 5 | 22% | $30,924 | $6,185 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 5 | 22% | $30,924 | $6,185 |
| Total student aid | 15 | 65% | $55,393 | $3,692 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
